News
UK SME lender Iwoca bags £200m debt funding package from Citi and Waterfall Asset Management
Iwoca, a UK-based lender focused on small and medium-sized enterprises (SMEs), has landed a new £200 million package of debt funding from Citi and Waterfall Asset Management.
nCino acquires FullCircl in $135m deal
Cloud banking solutions provider nCino has signed a definitive agreement to acquire FullCircl, a UK-based customer lifecycle intelligence (CLI) platform, for $135 million in cash.
Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal
Swedish buy now, pay later (BNPL) fintech Klarna has signed a multi-year agreement with a subsidiary of funds advised by London-based Elliott Advisors (UK) Limited to sell “substantially all of Klarna’s short-term, interest-free product receivables in the UK”.
Multitude Bank secures €15m majority shareholding in Norwegian digital challenger Lea Bank
Multitude Bank, a wholesale bank based in Malta, has acquired a 9.9% stake in listed Norwegian digital challenger Lea Bank, becoming a majority shareholder. The deal is pending the approval of the Norwegian Financial Authority and the Swedish Financial Authority.
